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OilMARKET 01 / 2012
TOPIC OF THE ISSUE
Sarah Beacock: the talent required to maintain the industrySarah Beacock: the talent required to maintain the industry's skills base
The land mark event, traditional IP week conference organized by the Energy Institute (EI) traditionally brings together hundreds of delegates and dozens of speakers from all over the world. During the busy weeks running up to conference, OILMARKET magazine enjoyed an opportunity to have an interview with Sarah Beacock FEI, Professional Affairs Director, Energy Institute.
PERSON OF THE ISSUE
Undisputed-2012?Undisputed-2012?
As Ukraine's government disputes the Russian natural gas mammoth Gazprom's terms of the natural gas supplies, signed into the contract by the puppets of the now imprisoned prime minister Yulia Tymoshenko, Ukraine's energy minister Yury Boyko met on 18 January in Kyiv with the delegation of US IHS CERA think tank.
EXPLORATION AND PRODUCTION
Strategic outlooks, quick wins and field development bids for $100Strategic outlooks, quick wins and field development bids for $100
Natural gas and Ukraine's energy future conference held on 18-19 January 2011 in Kyiv Intercontinental hotel summed up the touted research carried out by the experts of US based IHS CERA, headed by the renowned researcher, world famous author of the oil industry history best-sellers The Prize and The Quest, the Pulitzer Prize winner Daniel Yergin.
TRANSPORTATION
Nordic Storage: less words, more efficiencyNordic Storage: less words, more efficiency
Over the last decade the business of Swedish Nordic Storage has experienced rapid growth and today operates in more than 20 ports in five different countries, Sweden, Denmark, Finland, Germany and the UK. With a combined storage capacity of more than 2.5mn m3. The products stored include fuel oil, VGO, gasoil, diesel, biofuels and chemicals.
REFINING
Matthew Sagers: refineries get closer to the real marketMatthew Sagers: refineries get closer to the real market
The situation in the downstream sector of the post-Soviet nations of Belarus, Kazakhstan, Russia, Ukraine, varies essentially from one country to another. However, today all these countries' downstream segments increasingly face challenges dealing not only with the motor fuels quality, but with refineries' operational efficiency. During the meeting in Kyiv in January, OILMARKET had an opportunity to discuss the issue with the IHS CERA Eurasian energy studies director Matthew Sagers.
REFINING
Martin Gough: find the partner you can trust and understand the client!Martin Gough: find the partner you can trust and understand the client!
Russia's oil and gas sector, with refining and petrochemical segment particularly so, requires efficiency boost. Energy losses, high maintenances expenses and idle time along with low refining depth now emerge as the next priority, as Russia's refineries gradually, though very slowly, upgrade the quality of fuels they produce. In this context Cal Gavin's astonishingly innovative propositions to steeply and cost effectively improve efficiency of heat-exchange at the refineries and petrochemical units, utilities in Russia are very timely coming today to the huge Russian oil and gas market.
REFINING
Dinaz: Productive results of the painstaking 2011Dinaz: Productive results of the painstaking 2011
The year of 2011 was quite challenging for the downstream operators in the former Soviet Union countries. The refiners, traders, transportation operators and retailers had to get through many hardships. These issues were raised and actively discussed by the speakers and participants of the 3rd International Energy Forum held at Moscow President Hotel on 20 December 2011 under the patronage of Russia's Presidential administration, Energy ministry as well as economic development and trade ministry. OILMARKET was swift to use an opportunity to discuss the outcomes of the tough 2011 with a well established Latvian retail and wholesale trading operator Dinaz holding president Nikolay Yermolayev.
REFINING
Julia Tskhvediani: clear objectives, credibility and advanced technologies are key to successJulia Tskhvediani: clear objectives, credibility and advanced technologies are key to success
US-based Ventech Engineers is well-known among the former Soviet Union experts. And there is more to that than just the US and the FSU refiners' partnership dating back to the 1930s.
REFINING
Ambitech: Efficient EPC projects could help to solve the problem of motor fuels shortages in the FSUAmbitech: Efficient EPC projects could help to solve the problem of motor fuels shortages in the FSU
The years of 2010-2011 made all of us witness several periods of enormous turbulence on motor fuels markets in the former Soviet republics. Be it diesel shortages in Russia in 2010 or Russian and Kazakh domestic market shortages of high octane gasoline in the spring 2011 and summer 2011 respectively, they all have lack of producing capacity involved.
EXPORTS
Sustainable performanceSustainable performance
Russsia's crude exports schedule for the 1st quarter 2012 demonstrates the world's leading crude producer intention and ability to continue stable exports at the level stabilized after the launch of massive pipeline shipments to China a year ago.
NATURAL GAS
Freezing pointFreezing point
30C below zero and natural gas undersupplies: why should EU give not way to panic?
After winter set in with severe frosts in Russia and the EU, Europeans experienced shortages of Russian vertically integrated Gazprom's natural gas supplies. According to Gazprom, EU consumers of Russian natural gas should not give way to panic; the company continued fulfilling its commitments to EU consumers in spite of the hiked natural gas consumption in Russia prompted by the extreme frost. Gazprom pledged to employ all the available natural gas transportation links as well as increase natural gas withdrawal from its underground storages in Europe. Europeans still remember the freeze down in January 2009 amid natural gas dispute between Russia and Ukraine.
LPG
Viktor Batrachenko: we aspire high professional standardsViktor Batrachenko: we aspire high professional standards
Ukraine's LPG market development in 2011 was quite tough. Although the country's LPG consumption hit record-breaking 1.058mn t last year, certain trends were less promising as the butylated LPG consumption for household use accounted only for 825,000t out of 1mn t expected. Alas, the achieved total LPG consumption of 1.058mn t in 2011 was to a larger extent enabled by Russia's vertically integrated Lukoil petchem plant in Western Ukraine (Kalush) LPG consumption leapfrog accounting for 233,000 t, while the development of LPG supplies at Ukraine's motor fuel market faced considerable challenges.
01 / 2019